That was some confident buying by someone a while back ?
It seemed to be concurrent with the news US-based Capital Group has increased it’s holding again -since the start of FY ‘20 - from 6.2474% to 7.2887%.
That’s another 6,624,762 million shares. https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4gm+yRjxv/Vw8bFiGug=
The notice said the average price is $2.31 a share .
Capital first notified it had come on board with an 34,508 million shares priced at an average of $1.88 each on May 24, 2019. https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4gu9yBDwv/Vw8bFiGug=
On July 3 it announced the holding had increased by 6,795,695 shares at an average price of $2.23.https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4gu0yhDzv/Vw8bFiGug=
And because I am on a rubbish theme ...
“You hang out with trash and you start to smell like garbage?”
Unknown (by me)
And..
... “If it doesn't add value, it's waste.”
Henry Ford
